Workday named co‑founder Aneel Bhusri CEO (appointment Feb 6).
Filed with the SEC on · Summarized by InvestorsBot
Workday named co‑founder Aneel Bhusri CEO (appointment Feb 6). On Mar 5 he was granted 437,602 time‑based RSUs + 547,003 performance RSUs (total ≈984,605 shares). No additional equity awards until FY2028. $WDAY 👔 #Workday #CEO
PVU Award = 547,003 shares in 4 tranches (~136,751 each) with price hurdles vs Mar 5 baseline: T1 $171.39 (25%, yrs1–3); T2 $205.67 (50%, yrs2–4); T3 $239.94 (75%, yrs3–5); T4 $274.22 (100%, yrs3–5). $WDAY 📈 #Compensation #Stock
Vesting/terms: Bhusri RSU vests over 4 yrs (1/4 at 1yr, then 1/16 quarterly). PVU vests 1/20 quarterly after a tranche clears; vested shares subject to 2‑yr hold. Acceleration: 12‑mo pro‑rata on no‑cause term; full accel on Change‑in‑Control/not assumed. $WDAY 🔒 #Governance #SEC